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Nov 20, 2012
11/12
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my question to you is, in this environment, with the economic environment, with the possibility of a compromise regarding the fiscal cliff, vis-a-vis the increased revenues and cuts in spending, what is your analysis and your opinion on the tax free municipal bonds at this juncture? >> i think you have to buy them. the individual is going to go right back to them and move them up. i think that's a great place to be. don't touch them. i want you to buy them. brilliant idea. now we go to paul in louisiana. paul? >> caller: hey, jim. thanks for taking my call. >> no problem. >> caller: i've been just getting in and sticking with a stock itw. i've been following it for a couple months. they seem to be doing pretty well. i gather there is going to be a change in the leadership. can you comment on their future? >> david spear passed away which is -- he was a terrific guy. this is a very well run company. i suspect that they won't really skip a beat. it's always been a favorite of mine. i would continue to own it. i wouldn't buy it off this. he was a good man. i think it's fine. i think it
my question to you is, in this environment, with the economic environment, with the possibility of a compromise regarding the fiscal cliff, vis-a-vis the increased revenues and cuts in spending, what is your analysis and your opinion on the tax free municipal bonds at this juncture? >> i think you have to buy them. the individual is going to go right back to them and move them up. i think that's a great place to be. don't touch them. i want you to buy them. brilliant idea. now we go to...
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Nov 14, 2012
11/12
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it is the wrong stock for this environment. >> susan. >> how do you feel about exel? >> i like exel. and by the way, another one of -- another one of our specs, dbax, nice move today. remember, i am in favor of speculation as long as it's only one small piece of your portfolio. and that is the conclusion of and that is the conclusion of the lightning round. but whetr he's climbing everest, >>> everybody is freaking about about washington. the fiscal cliff is a man made problem that congress and the president created. if they would stop squabbling with each other they could solve this thing with the stroke of a pen. i'm not trying to minimize the scale of the problem. it could send our economy back into a recession. i'm going to keep going. people are saying why is this stock and that stock down. it is always the same. it is because the fiscal cliff. it is killing stocks. but you know what? some of the stocks that would be the worst hit, the defense contractors, are telling a different story. as a big part of the cliff, they are telling a different story. i'm talking a
it is the wrong stock for this environment. >> susan. >> how do you feel about exel? >> i like exel. and by the way, another one of -- another one of our specs, dbax, nice move today. remember, i am in favor of speculation as long as it's only one small piece of your portfolio. and that is the conclusion of and that is the conclusion of the lightning round. but whetr he's climbing everest, >>> everybody is freaking about about washington. the fiscal cliff is a man...
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Nov 16, 2012
11/12
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KTVU
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back into favor because of the relative valuations and also the nice dividend yield in this market environment. so, two names that had kind of been thrown to the wayside, dell and cisco, i kind of like down around these levels. > > let's talk about some levels were you would buy, starting with cisco systems. what is your buying point on this stock? > > really anywhere around here. they came out with what i thought were really nice numbers, not only on the earnings side, but more importantly on the revenue side. this stock has gotten sold into submission with fears that government spending, which is a big component of cisco, will fall off that fiscal cliff so to speak. but not the case, and cisco is priced for utter disaster. so, i also like it on a yield basis. it's yielding way more than the 30-year bond here. > > no fiscal for cisco. so what about dell? where would you want to own this? > > same kind of story there. dell is reinventing itself as more of a services company. certainly the hardware side is languishing to say the least, but, again, you are looking at a market multiple that's bel
back into favor because of the relative valuations and also the nice dividend yield in this market environment. so, two names that had kind of been thrown to the wayside, dell and cisco, i kind of like down around these levels. > > let's talk about some levels were you would buy, starting with cisco systems. what is your buying point on this stock? > > really anywhere around here. they came out with what i thought were really nice numbers, not only on the earnings side, but more...
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Nov 14, 2012
11/12
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WBAL
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it is the wrong stock for this environment. >> susan. >> how do you feel about exel? >> i like exel. and by the way, another one of -- another one of our specs, dbax, nice move today. remember, i am in favor of speculation as long as it's only one small piece of your portfolio. and that is the conclusion of the lightning round. a febreze experiment. can a 30-day-old pluggable febreze make even this old container smell fresh? take a deep breath. describe the room that you're in. i think just like a big, open space. like i'm hanging the sheets on the line. and it smells really fresh, man. let's take your blindfold off. oh! [ both laugh ] super-weird! oh, is it febreze? yeah. ohh, how about that? febreze has anti-clogging technology that keeps it smelling fresh, even after 30 days. febreze. breathe happy. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus
it is the wrong stock for this environment. >> susan. >> how do you feel about exel? >> i like exel. and by the way, another one of -- another one of our specs, dbax, nice move today. remember, i am in favor of speculation as long as it's only one small piece of your portfolio. and that is the conclusion of the lightning round. a febreze experiment. can a 30-day-old pluggable febreze make even this old container smell fresh? take a deep breath. describe the room that you're...
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Nov 14, 2012
11/12
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CNBC
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headline driven in this environment. yesterday you saw the sharp rally toward the end of the session. was it because of the rumor that spain might have a bailout or was it the rumor that potentially they were bundled 44 million euros together for greece? i don't know. it clearly moved the market, both of those things incidentally didn't happen. longer term, if you look at what is happening, europe versus the united states, you can see the effect of the fiscal cliff in the wake of the obama victory. here you see the yellow line here is the top 50 blue chips in europe. how they have traded over the last month. this is the dow jones industrial average. you'll see that under performance now, 4.5% as a result arguably of that fiscal cliff and arguably where the election left us. >> it's going to get tougher sledding. >>> meantime other capital markets op-ed, gary is looking although a few charts as he did yesterday. >> you know, carl, great piece by riches warning people about bond funds versus bonds. a lot of people ignore t
headline driven in this environment. yesterday you saw the sharp rally toward the end of the session. was it because of the rumor that spain might have a bailout or was it the rumor that potentially they were bundled 44 million euros together for greece? i don't know. it clearly moved the market, both of those things incidentally didn't happen. longer term, if you look at what is happening, europe versus the united states, you can see the effect of the fiscal cliff in the wake of the obama...
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Nov 13, 2012
11/12
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CNBC
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so i think tjt works really well in this environment, as i've called it before. it is the discount retailer that doesn't make you feel miserable for shopping there. so i agree -- >> how about this notion, josh, and let's respect the technicals, and the work that enis does. if jcpenney is due for a technical pop, why not buy it as the stock sinks? >> because it's not due for a technical pop. it hasn't happened yet. >> you're crazy. >> what you're saying is it's very stretched out to the downside and oversold. that's fine, but that can remain for a while. if you're a short-term day trader, sure, why not. but if you're looking at that as an investment, i don't see why it's worth risking to make a 5% one-day pop. >> i'll say this. i'll say this, scott. everyone here is bearish except me. so maybe that gives you a bit of a -- >> that's all right. that's what makes a market. next on half, facebook continues to lose friends. how you should be trading that stock ahead of millions of shares flooding the market tomorrow. plus, stocks rallying a bit today, but so are bonds.
so i think tjt works really well in this environment, as i've called it before. it is the discount retailer that doesn't make you feel miserable for shopping there. so i agree -- >> how about this notion, josh, and let's respect the technicals, and the work that enis does. if jcpenney is due for a technical pop, why not buy it as the stock sinks? >> because it's not due for a technical pop. it hasn't happened yet. >> you're crazy. >> what you're saying is it's very...
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Nov 16, 2012
11/12
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LINKTV
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but now let's move to a whole another cultural environment. out to the extremely wealthy suburbs outside of chicago where every house is about a million dollars a piece and people have another set of problems and another set of challenges. well we'll go to willow creek community church and here's one that is an interesting controversy. because rev. bill hybels about 20 years ago now want - he's a christian, he's a minister, he's just starting out and he says; "why don't people go to church?" what he does, he get a bunch of his younger followers they go out and actually do a marketing approach. they go to peoples houses and ask them why don't you go to church? why don't you go to church? they come back and say "well it's boring, it's irrelevant, it doesn't do anything for me." in other words for many people churches had failed at handling those dilemmas of institutionalization. but what he did, he starts out with his tiny little church but makes it interesting, makes it entertaining as you will see, makes it relevant; if you've been there but m
but now let's move to a whole another cultural environment. out to the extremely wealthy suburbs outside of chicago where every house is about a million dollars a piece and people have another set of problems and another set of challenges. well we'll go to willow creek community church and here's one that is an interesting controversy. because rev. bill hybels about 20 years ago now want - he's a christian, he's a minister, he's just starting out and he says; "why don't people go to...
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Nov 14, 2012
11/12
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>> mike, it's tough to do this show in this environment. how have you been? >> caller: great. a big boo-yah from -- >> a great school. many of my teachers from springfield high, montgomery county went there. what's up? >> caller: i have some stocks for you. apple. aapl. express scripts. esrx. humana, hum. verizon, vz. and excelon, exc. am i diversified? [ buzzer ] >> all right. here we go. apple is tech. excelon is utility. that's the old philly olec. and comoil -- seem to be committed to the dividend which is why it's going down. expression scripts is a pharmacy benefits manager. verizon is telco. these two are too much alike. even though express scripts is down i want to get rid of that, pick up some more yield. i want to go with -- unless it's retired i want to go with the mark west which held up very well. mass limited partnership. health care, utility. be careful of that yield. i'd prefer you to be in duke because they're not going to get rid of their dividend. apple's tech and verizon nice yield. give you a little yield protection and also a little less beta. wow. hey. e
>> mike, it's tough to do this show in this environment. how have you been? >> caller: great. a big boo-yah from -- >> a great school. many of my teachers from springfield high, montgomery county went there. what's up? >> caller: i have some stocks for you. apple. aapl. express scripts. esrx. humana, hum. verizon, vz. and excelon, exc. am i diversified? [ buzzer ] >> all right. here we go. apple is tech. excelon is utility. that's the old philly olec. and comoil --...
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Nov 14, 2012
11/12
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john chambers has executed in a very tough environment. >> next a it is hip to be square. the payment company announced on twitter it has hit $10 billion in processed payments before starbucks starts using square. starbucks will add 6 billion more a year so you can use square to buy your tea vana tea. >> we can't trade square because it is not public. to us veri phone. we have been short. pay anywhere. tons of them. >> celebrity trades. >> first go long channing tatum. i have been accumulating tatum calls for a long time. it is one of my best investments. take profits on the beebe. justin bieber pulled over by police driving a ferrari. he broke up with his girlfriend so expect volatility in the near term. you can never go wrong investing in one californian. kevin bacon all stories lead to him. we discover the six degrees through kevin bacon. the two biggest stories this week. general petraeus links to kevin bacon leads to her starring role in the closer which leads to john mcaffee. >> he claims to be a new yorker. we want to take credit for kevin bacon here. >> do we? >> h
john chambers has executed in a very tough environment. >> next a it is hip to be square. the payment company announced on twitter it has hit $10 billion in processed payments before starbucks starts using square. starbucks will add 6 billion more a year so you can use square to buy your tea vana tea. >> we can't trade square because it is not public. to us veri phone. we have been short. pay anywhere. tons of them. >> celebrity trades. >> first go long channing tatum. i...
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Nov 13, 2012
11/12
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he says it remains one of caution in this environment. carl, back to you. >> wednesday is the day when they name the new partners at goldman, i believe. >> that's right. >> people waiting for the call. >> people close to or a source close to goldman sachs says it will be the smallest class in over a decade. probably less than 70 will be named partners at goldman sachs this year. back to you. >> thank you so much. mary thompson at headquarters. a big mover in drilling and natural gas space. >> weatherford this morning off 12% at 3.5 year low. the company warning that fourth quarter is going to come in for earnings below consensus on that number. and they also said that they still have not been able to resolve what they call material weakness in internal controls over financial reporting. they actually didn't break out their third quarter numbers. stock getting hit hard on a day when energy is already to the downside. >> motor trend magazine naming tesla's sedan the car of the year. will the model live up to the hype? we'll find out when te
he says it remains one of caution in this environment. carl, back to you. >> wednesday is the day when they name the new partners at goldman, i believe. >> that's right. >> people waiting for the call. >> people close to or a source close to goldman sachs says it will be the smallest class in over a decade. probably less than 70 will be named partners at goldman sachs this year. back to you. >> thank you so much. mary thompson at headquarters. a big mover in...
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Nov 13, 2012
11/12
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>> the environment will dictate what, in fact, we'll do. each and every quarter we have to decide our dividend. we are very committed to the strong dividend we pay. not necessarily the yield that we pay, but to the strong dividend that we pay. so we've been over the course of many years now paying this very strong dividend despite the fact that it is a very large ratio. we have the ability to do that because we do not go to capital. in the four-plus decades we've been principally doing the business we do today, which is lending on new york real estate, we have not had any period, not a single quarter, in which we've had to go to capital as a result of losses that we took on loans. so our principle asset is multifamily loans, and we've not had to go to capital. we do it through earnings. we've had minimal losses over a long period of time. the very need for the building of capital is thwarted by the difference in our business model. >> it sounds like this fiscal cliff issue won't impact you paying this dividend. >> well, i cannot say what th
>> the environment will dictate what, in fact, we'll do. each and every quarter we have to decide our dividend. we are very committed to the strong dividend we pay. not necessarily the yield that we pay, but to the strong dividend that we pay. so we've been over the course of many years now paying this very strong dividend despite the fact that it is a very large ratio. we have the ability to do that because we do not go to capital. in the four-plus decades we've been principally doing...
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Nov 16, 2012
11/12
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KGO
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the forecast callscthck for gro, it expects economic environment to remain powerful. zynga losing it's treasurer to become twitter's treasurer and vp of corporate finance. this two days after the cfo left for facebook. half a dozen others have also left. and john mcafee insisting he's innocent he is on the run in the central american country telling "wired" magazine he believes the government in belize is corrupt and will do anything to find him. >> i don't know what the end game is. it's given enough time they will prak me down. very to ee. i have to have supplies. and i'm using a telephone they'll figure out which phone to get it. you know? it's just time. >> he is wanted for questioning in the murder. police say he's a person+:uh of interest. cisco focusing on the cloud announcing it's buying a software company9kub applied materials is forecasting more tough times, world's largest producer of chip making equipment expects revenue to fall. results weren't great either, applying a loss of $15 million, first loss in three years. take a look at the broader markets. a
the forecast callscthck for gro, it expects economic environment to remain powerful. zynga losing it's treasurer to become twitter's treasurer and vp of corporate finance. this two days after the cfo left for facebook. half a dozen others have also left. and john mcafee insisting he's innocent he is on the run in the central american country telling "wired" magazine he believes the government in belize is corrupt and will do anything to find him. >> i don't know what the end...
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Nov 19, 2012
11/12
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FBC
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you raise taxes in this environment, this is not a growing environment, you're asking for trouble. you're rolling the dice, and i'm telling you, dividend taxes, you know, this is like insane. in any event, it is what it is. we have got to report. you got to do what you got to do. liz: president clinton did it in boom times -- >> no, he didn't. president clip clinton -- clinton did it in 93. we did not have a surplus until we had the internet bubble in 1996. that is the bottom line. i don't care what anybody says. liz: i missed that surplus, i don't care what anybody says. >> look at the gdp growth after he raised taxes. look at our economy right after -- it did not do very well. liz: charlie gasparino, thank you. your tie now is appropriate now that the segment is over. >> okay. liz: closing bell ringing in 27 minutes. confidence among you the u.s. consumer hitting a five year high this month but with the fiscal cliff looming and employment on the rocks, which retailers will come out on top this holiday season, and should you be buying their stocks? joe feldman tells the advisory g
you raise taxes in this environment, this is not a growing environment, you're asking for trouble. you're rolling the dice, and i'm telling you, dividend taxes, you know, this is like insane. in any event, it is what it is. we have got to report. you got to do what you got to do. liz: president clinton did it in boom times -- >> no, he didn't. president clip clinton -- clinton did it in 93. we did not have a surplus until we had the internet bubble in 1996. that is the bottom line. i...
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Nov 12, 2012
11/12
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this is a different retail environment. unfortunately when you look at where they're making their money now, 23% of the revenue is coming from clearance items. it was 15% in q-3. you're talking about a company that unfortunately they're drawing them in but they're drawing them in just on that clearance side. that's not good. >> all right. the euro, let's turn attention to currencies. euro bouncing off two month lows versus the u.s. dollar today after greek leaders approve a budget for 2013. does it mark a turnaround for the euro? todd gordon of aspen trading group with more. we're asking about a turnaround for the euro. it was sitting at 1.30 or so for such a long time. it's dropped a couple pennies. now talking about a turnashd. >> last week i came on the 5:00 p.m. show and said to buy 1.27. i think you take profits on that. take those 10 or 15 pips and buy lunch today for a veteran. i think we got to go the other side now. go short euro through the 1.27 level. greece has overcome two olympic sized hurdles. $13 trillion in
this is a different retail environment. unfortunately when you look at where they're making their money now, 23% of the revenue is coming from clearance items. it was 15% in q-3. you're talking about a company that unfortunately they're drawing them in but they're drawing them in just on that clearance side. that's not good. >> all right. the euro, let's turn attention to currencies. euro bouncing off two month lows versus the u.s. dollar today after greek leaders approve a budget for...
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their situation is different they compensate for their macro economic disparity with their business environment. and you're an economist you're also a deputy minister the you may be wrong but i think that foreign debt is a political instrument he used to think i want to fuel a lot of money to some country this country depends on you not vice versa reuters going to yeah are you talking about china i think it's a little necessarily no let's say a bar a lot of money from you you will treat me very carefully because if something happens to me you'll never get your money back it's not just the political instruments this is second period merrily it is an economic instrument of course you borrow money to finance your projects finance your priorities finance your economy. you also make that country dependent on your economy then am interested to see you do well yes there are interested people otherwise they don't get their money back this is why i said at the beginning that it doesn't really matter who is the president of the united states the world economy and the u.s. economy very interrelated a few
their situation is different they compensate for their macro economic disparity with their business environment. and you're an economist you're also a deputy minister the you may be wrong but i think that foreign debt is a political instrument he used to think i want to fuel a lot of money to some country this country depends on you not vice versa reuters going to yeah are you talking about china i think it's a little necessarily no let's say a bar a lot of money from you you will treat me very...
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Nov 19, 2012
11/12
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> hard rock international is teaming up with yoko ono. and why hunger for the imagine there's no hunger campaign. horn $4.5 would million has been raised during the past five years and the president and ce off of the hard rock cafe has been very involved in this. tell us a little bit it. >> thanks for having me. this is a ram we've beprogram w running for many years. there are a billion people beneath poverty and hunger level in the world. and the program really is a program that enjoins why hunger, yoko ono and ourselves and we encourage our staff and our customers to basically provide funding around this holiday season so t
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. >>> hard rock...
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Nov 14, 2012
11/12
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when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're trying to protect for the downside and keep that optionalty if the economy improves. comcast could be a monster return on capital going forward. and that's been a big core holding for quite a while, as well. >> no kidding, you've done well -- you bought it down in the low 20s? >> i don't know the actual cost price in front of me. i can tell you it's been one of our big holdings for a couple of years. home depot and lowe's we bought at the end of '11. we had a thesis that housing was bottoming. and now the housing improvement is accelerating and that's a big deal for the u.s. economy when you think about the spillover effect in construction jobs, you know, furniture, auto, cement, everything that comes with household formation in new home purchases. >> well, we want to thank you for joining us today. >> my pleasur
when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're trying to protect for the downside and keep that optionalty if the economy improves. comcast could be a monster return on capital going forward. and that's been a big core holding for quite a while, as well. >> no kidding, you've done well -- you...
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Nov 15, 2012
11/12
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CNBC
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the other thing is we're now in an environment where the dividend tax rate is 15%. we know it is not going down from here. it will go up from here. investors are now realizing that they have to execute on the tax changes that will occur. >> really interesting theme i've been hearing over and over is europe, which we just found out today, is officially in recession. a lot of folks are looking to go over there and pick through the bones in europe. not on a country wide basis, but they're looking for that type of opportunity here. >> what about that, joe? some of your colleagues here on the floor of the new york stock exchange have been saying they're sniffing around, maybe buying here. we're back to levels we haven't seen since july. are you among them? >> not just yet. you know, i hear people still using the word uncertainty. i think there's a lot of certainty that's come about in the last few weeks, in particular, the president's going to exert his will. he's now into his second term or about to enter his second term. he doesn't have to answer to have many people. c
the other thing is we're now in an environment where the dividend tax rate is 15%. we know it is not going down from here. it will go up from here. investors are now realizing that they have to execute on the tax changes that will occur. >> really interesting theme i've been hearing over and over is europe, which we just found out today, is officially in recession. a lot of folks are looking to go over there and pick through the bones in europe. not on a country wide basis, but they're...
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Nov 19, 2012
11/12
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KPIX
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that's unacceptable in today's environment. >> schieffer: do you have any answers yet as to why-- we know that they had asked to maintain their-- the current level of security and that was turned down. do we have any idea on what that decision was based on? >> no, and we're still getting to the bottom of that. that's one of my primary concerns. and that's certainly what i'm driving. first of all, why there was failure for adequate security at the temporary mission. and secondly, why they didn't assess the security risks posed to that facility? they had abundance of threat reports and incidents, both to that facility and other consulates that would have suggested that they were in a high-threat environment. i sponsored-- i cosponsored the initial legislation-- i was the lead republican in the house-- to create the diplomat security bureau and the accountability review board that also has been initiate so we can get to the bottom of who is responsible. there was minimal security. the barriers weren't sufficient. the attackers, the mob, overran the complex. the militia we were depending
that's unacceptable in today's environment. >> schieffer: do you have any answers yet as to why-- we know that they had asked to maintain their-- the current level of security and that was turned down. do we have any idea on what that decision was based on? >> no, and we're still getting to the bottom of that. that's one of my primary concerns. and that's certainly what i'm driving. first of all, why there was failure for adequate security at the temporary mission. and secondly, why...
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Nov 12, 2012
11/12
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if you want ones that works in the current environment, we had one of our favorite retail groups, sna, a company known as dress barn. they told an incredible story. no story. gallon, real story. a scene that doesn't dominate just one niche, they own a whole host of brands. the dominant players in multiple different categories. there is justice. there is justice. see, i told you. there's justice, chain of 942 stores for tween girls. then there is a place where they sell casual and dress apparel. and then cina closed on charming shops which makes it the number one player in the plus size apparel market. that's a huge market. half of women in this country are size 14 and up. don't tell them that. the charming shop was too fast growing plus size chains. this transaction is a big reason why i've been a fan of the stock. we know that asina has a great track record. that's what they did with maurice and justice. the initial guidance about the synergies from each deal turned out to be way too conservative. i think the same thing will happen with charming shops. isn't it interesting? jcpenney,
if you want ones that works in the current environment, we had one of our favorite retail groups, sna, a company known as dress barn. they told an incredible story. no story. gallon, real story. a scene that doesn't dominate just one niche, they own a whole host of brands. the dominant players in multiple different categories. there is justice. there is justice. see, i told you. there's justice, chain of 942 stores for tween girls. then there is a place where they sell casual and dress apparel....
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Nov 13, 2012
11/12
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even on the low end with more value oriented stores that should be thriving in an environment where lots of people are worried about their taxes going up year end and the fiscal cliff is starting to get top of mind. you have a stock like walmart which has been a juggernaut, going up in a straight line since april until the recent pullback. then there is a company like -- sell, sell, sell. jcpenney. if you thought things couldn't get worse for jcpenney under the ceo, well, you were very wrong. as the company missed estimates once again on friday, reporting absolutely hideous numbers, they were blinding. sure enough, penney's continued the decline today, down another $2.67, 13%. like the wheel of fortune, where she stops, nobody knows. far more important, just so you know, there is a piece of preferred, there is another corporate piece of paper affiliated with jcpenney and that is sinking like a stone. that is more valuable to tell how bad things at jcpenney are. johnson tried to revolutionize by getting rid of coupons, cutting price as cross the board, they failed tragically and they star
even on the low end with more value oriented stores that should be thriving in an environment where lots of people are worried about their taxes going up year end and the fiscal cliff is starting to get top of mind. you have a stock like walmart which has been a juggernaut, going up in a straight line since april until the recent pullback. then there is a company like -- sell, sell, sell. jcpenney. if you thought things couldn't get worse for jcpenney under the ceo, well, you were very wrong....
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Nov 12, 2012
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natural gas, fracking, and the environment. each week keep it here where wall street meets main street. have a great week, everybody. see you next weekend.
natural gas, fracking, and the environment. each week keep it here where wall street meets main street. have a great week, everybody. see you next weekend.
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Nov 14, 2012
11/12
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FBC
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again, a specialty retailer, sometimes it's really tough and a hard retail environment. but the stock is up 18%. they have had a really good run of it. this one will be a good test of the overall consumer out there. tracy: i'm still thinking about justin bieber singing at a victoria's secret fashion show. he's too young. he needs a haircut. i'm so old, can't i can't even take it. sandra smith, thank you so much. he's like 12. up next, cisco systems moving higher today. reporting their first-quarter results. after the bell, coming up. countdown to the closing bell, liz claman will be speaking with john chambers. countdown to the closing bell is next. do not go anywhere. before copd... i took my son fishing every year. we had a great spot, not ey to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung funcon starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that mean
again, a specialty retailer, sometimes it's really tough and a hard retail environment. but the stock is up 18%. they have had a really good run of it. this one will be a good test of the overall consumer out there. tracy: i'm still thinking about justin bieber singing at a victoria's secret fashion show. he's too young. he needs a haircut. i'm so old, can't i can't even take it. sandra smith, thank you so much. he's like 12. up next, cisco systems moving higher today. reporting their...
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Nov 13, 2012
11/12
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it's hard to imagine enterprises switching to that type of environment. >> that's my point exactly. i think may blew it on the enterprise side. >> they may be able to get leverage with consumers and get buzz going. i don't think it's going to be earth shattering. i don't think it's a bad product either. >> damned if you do, damned if you don't. if it was geared toward enterprised they would say they're not going to stack up to apple in any way, shape or form. >> put a product out people wanted to buy, it wouldn't matter. >> the biggest issue is the apps. people buy the consumer side for the apps. the app store, they didn't have it. they didn't have anything that was even close to being competitive with apple. >> right. let's move on. we got to hit cisco. rising in the after-hour session. better than expected earnings. mary thompson has the details. >> we have guidance from cisco on the current quarter. it expects earnings between 47, 48 cents a share which would put it in line with estimates. expecting revenue growth of 3.5% to 5.5% in the boundary of estimates of about 4.5%. of cou
it's hard to imagine enterprises switching to that type of environment. >> that's my point exactly. i think may blew it on the enterprise side. >> they may be able to get leverage with consumers and get buzz going. i don't think it's going to be earth shattering. i don't think it's a bad product either. >> damned if you do, damned if you don't. if it was geared toward enterprised they would say they're not going to stack up to apple in any way, shape or form. >> put a...
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Nov 20, 2012
11/12
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it is not an effective way to eliminate secondhand smoke exposure and limited area environment. >> the cdc estimates that secondhand smoke causes heart related death and 3400 lung cancer death each year among non-smokers. back to you. dagen: thank you, jonathan. tomorrow kicks off the thanksgiving travel rush. mike boyd is the president of the boyd group international. he is joining us now from denver. mike, it is not that we will see -- it will cause a greater squeeze poor folks, right? >> a little bit raider. flights have been full for the last six months. the real challenge will be the amateur flying. there will be about 7% fewer flights in a normal week because airlines cutback. it will not be more crowded, it will be more confused. dagen: is there some sort of brain issue or some sort of that wall and people that when they go to airports, it seems like it is common sense and preparing to go through security and onto a plane. you always encounter these people that act like they are just morons. >> people just change when they get to an airport. that is a problem universally. dagen:
it is not an effective way to eliminate secondhand smoke exposure and limited area environment. >> the cdc estimates that secondhand smoke causes heart related death and 3400 lung cancer death each year among non-smokers. back to you. dagen: thank you, jonathan. tomorrow kicks off the thanksgiving travel rush. mike boyd is the president of the boyd group international. he is joining us now from denver. mike, it is not that we will see -- it will cause a greater squeeze poor folks, right?...
SFGTV: San Francisco Government Television
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Nov 18, 2012
11/12
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there are opportunities to improve the built environment that surrounds those sros. i think that in mix of housing and population, we want to improve the character and a lot of fabric. i want to work to bring in this population growth and advocate for individuals that have been there for a while, that they will stay
there are opportunities to improve the built environment that surrounds those sros. i think that in mix of housing and population, we want to improve the character and a lot of fabric. i want to work to bring in this population growth and advocate for individuals that have been there for a while, that they will stay
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Nov 19, 2012
11/12
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and low growth environment. that makes sense to me. >> aren't financials a leadership group? if they can't lead doesn't that bode poor for the market? >> we still like financials. i think they're underowned. >> you disagree with the premise? >> we have nim headwind -- >> nim? >> i thought the meant the national institute of mental health. >> maybe, maybe. you can't tell the difference sometimes. >> you've downgraded the financials. >> still overweight insurance. neutral on the banks for a while, the regional banks for a while. it was more specific to the capital market sense of the games, the investment banks, the brokerage firms, asset managers, that kind of area. >> if we get a deal, how much does the market rally? >> i know a lot of clients say they'll chase this market up 2%. they want to be flat. if the market gets a big bid, they'll chase it. i think you'll get a beta chase. i think it's quite possible to be 1430 by year end. >> do you chase it? >> i think if we get a deal mid to late december, that's when
and low growth environment. that makes sense to me. >> aren't financials a leadership group? if they can't lead doesn't that bode poor for the market? >> we still like financials. i think they're underowned. >> you disagree with the premise? >> we have nim headwind -- >> nim? >> i thought the meant the national institute of mental health. >> maybe, maybe. you can't tell the difference sometimes. >> you've downgraded the financials. >> still...
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Nov 12, 2012
11/12
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we will be talking about america's energy source, natural gas, fracking than environment. each week keep it here where wall street meets main street. i will so see you next weekend. [ female announcer ] this is the story of joycelin... [ joycelin ] it was a typical morning. i was getting ready for work, and then i got this horrible headache, and then i blacked out. [ female announcer ] ...who thought she had reached the end of her story. [ joycelin ] the doctor told me i had two brain aneurysms and that one of them had ruptured. [ female announcer ] fortunately, she was treated at sutter health's california pacific medical center. [ joycelin ] the nurses and doctors were amazing, and they were like a second family to me. and now i'm back to doing what i love. [ female announcer ] california pacific medical center and sutter health. our story is you.
we will be talking about america's energy source, natural gas, fracking than environment. each week keep it here where wall street meets main street. i will so see you next weekend. [ female announcer ] this is the story of joycelin... [ joycelin ] it was a typical morning. i was getting ready for work, and then i got this horrible headache, and then i blacked out. [ female announcer ] ...who thought she had reached the end of her story. [ joycelin ] the doctor told me i had two brain aneurysms...
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do live it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. to my surprise something you so much for joining me today now i'd like to saddam go back when you were fifteen years old you decided to leave school on one side a magazine pretty much from took on the world that didn't exactly happen but you have managed to achieve a lot of things are you happy with the way the world is right now is a good signal for saying well what the world is extremely good to me. and i've had the job i think of anybody anybody i doubt. and i'm still still up to get i spend quite a lot of my time now all. issues like cold plate resolution issues in the world. and all the state you know the welds i mean if you live in syria today well there's not a happy place a toll that we have a wonderful organization called the elders that are trying to help. resolve a complex attack lakhdar brahimi who's one of the elders you to be s
do live it's a question more and more people are aware of today climate change in the safety of our environment as a whole are being discussed around the world and perhaps it's those small steps that might be a start to people living in harmony with nature. to my surprise something you so much for joining me today now i'd like to saddam go back when you were fifteen years old you decided to leave school on one side a magazine pretty much from took on the world that didn't exactly happen but you...
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Nov 13, 2012
11/12
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CNNW
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she has a low interest rate environment in mortgage so it's not an opportunity to refinance but if there's an opportunity she can do that as well. >> if you've got an issue you want experts to tackle, upload 30-second video to ireport.com. >> getting news in here. senator diane feinstein telling dana bash she hopes to call in former cia director general patreaus into a closed session to have him come in and answer some questions, perhaps as early as friday. their committee, of course, intelligence committee, looking into the matter of benghazi, the attack on benghazi, when and what officials knew at a particular time, whether or not the cia and the white house and the pentagon properly protected official whose were there on the ground who were killed in that attack. patreaus having stepped down as head of the cia over the scandal, she's hoping certainly that least in closed session they'll be able to get answers from him, perhaps as early as friday. >>> patreaus scandal raising a lot of questions as well. members of congress want to know why they weren't informed earlier. there's a lot of
she has a low interest rate environment in mortgage so it's not an opportunity to refinance but if there's an opportunity she can do that as well. >> if you've got an issue you want experts to tackle, upload 30-second video to ireport.com. >> getting news in here. senator diane feinstein telling dana bash she hopes to call in former cia director general patreaus into a closed session to have him come in and answer some questions, perhaps as early as friday. their committee, of...
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modern technologies through specialized grant programs and even more arts skills all within a protected environment the school was founded and named for. a scientist who wanted a better way of life for his people but even with the most progressive ideas in education many say they don't want to trade the modern life for their beloved tundra. but i have returned to the tundra and i actually like it here if you're outside there's fresh air fresh water looks at the site you can see here it's a joyful sight. a sentiment that hopefully ensures that russia's northern reindeer will have caretakers for generations to come. it is a. time this is our with me of all research showing that the u.s. campaign in afghanistan has suffered a military grade below with at least two celebrity generals and veterans of the intervention falling from grace a sex scandal that started with revelations of the ex cia chief having an affair has now claimed the reputation of the current afghan campaign. catherine off as the latest on that. in the papers here in afghanistan for transit star and battlefield felled at cia by an affa
modern technologies through specialized grant programs and even more arts skills all within a protected environment the school was founded and named for. a scientist who wanted a better way of life for his people but even with the most progressive ideas in education many say they don't want to trade the modern life for their beloved tundra. but i have returned to the tundra and i actually like it here if you're outside there's fresh air fresh water looks at the site you can see here it's a...
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Nov 19, 2012
11/12
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intel has had a challenging environment that only for intel, but for the tech world. melissa: thank you so much. lori: so long microsoft, hello apple. a survey of pc users on how they feel about microsoft versus apple products. overall, 60% plan to buy a new computer. of those, 42% plan to buy an apple product instead of a pc. only 9% of people said windows 8 is motivating them to get a new computer. microsoft's latest operating system. a survey conducted a day before windows 8 was released and since the launch microsoft has not released sales numbers on windows 8. those are devastating findings for microsoft. melissa: we switched over to a mack household. lori: on behind the scenes of the fiscal cliff talks. the latest time under my deal will get done and who is running the show. charlie gasparino joins us next. melissa: step back off the ledge, twinkies are expected to survive. the hostess brand in court today. the latest on that just ahead. >> 21 minutes past the hour, and lorne greene with your fox news minute. the bloodshed rages on along the israeli border as at
intel has had a challenging environment that only for intel, but for the tech world. melissa: thank you so much. lori: so long microsoft, hello apple. a survey of pc users on how they feel about microsoft versus apple products. overall, 60% plan to buy a new computer. of those, 42% plan to buy an apple product instead of a pc. only 9% of people said windows 8 is motivating them to get a new computer. microsoft's latest operating system. a survey conducted a day before windows 8 was released and...
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Nov 14, 2012
11/12
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. >> that is what greenpeace is accusing the environment minister of, but he says that a solution needs to be found soon. >> i am still interested in the consensus. concrete steps are not yet decided, but we are running out of time. >> greenpeace wants to explore six underground locations containing clay, granite, and salt rock. >> we will be back in one minute with more news. >> that's right. stick around. >> welcome back. the leader of syria's new oppoition coalition has called from political recognition from europe and special weapons to defeat the syrian regime. >> the common comes as eu foreign ministers and members of the arab league meet in cairo to discuss the serious crisis -- the comment comes. but there's further troop that the syrian president's troops do not intend to give up -- but there was further proof that the syrian president's troops do not intend to give up. >> human rights workers say more than 100 people were killed across syria on tuesday. in cairo, eu foreign ministers have been meeting with representatives of the arab league. one key item on the agenda is agree
. >> that is what greenpeace is accusing the environment minister of, but he says that a solution needs to be found soon. >> i am still interested in the consensus. concrete steps are not yet decided, but we are running out of time. >> greenpeace wants to explore six underground locations containing clay, granite, and salt rock. >> we will be back in one minute with more news. >> that's right. stick around. >> welcome back. the leader of syria's new oppoition...
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Nov 16, 2012
11/12
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CNBC
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in realtime it adapts to the environment. nobody needs to turn any knobs or touch anything. >> in terms of your geographic revenue mix, 65% of sales come from foreign customers. what are geographies you're most exposed to? >> we have geographically distributed. our business came from geography. we're not dependent on any particular region. however, this whole mobile internet is really a secular movement that crosses all regions as well as different markets and so we are not dependent on any single market. >> about 90 million in net proceeds to the company from this ipo. what are you going to do with the money? >> i think we will buy some shoes. no. >> that's a lot of shoes. >> there's a lot of investment to be made. we feel very strong about the market so in the near term we are going to certainly invest in our engineering and sales and service but also i think, you know, there are lots of technologies in adjacent markets that are interesting. we may want to grow faster than we would -- >> thank you for stopping by. selina lo
in realtime it adapts to the environment. nobody needs to turn any knobs or touch anything. >> in terms of your geographic revenue mix, 65% of sales come from foreign customers. what are geographies you're most exposed to? >> we have geographically distributed. our business came from geography. we're not dependent on any particular region. however, this whole mobile internet is really a secular movement that crosses all regions as well as different markets and so we are not...
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Nov 14, 2012
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especially the thing about the ip spending environment, it's a tough spending environment. security is one of the few sub sectors that's holding up well and that's kind of a glimmer of hope in a tough macro. >> i presume they'd have to pony up, though. daniel, good to see you. thank you for joining us. >> looking for silver lining amid the cyber security storm clouds. >> one story to leave you with, in queensland in australia, earlier this morning they got a full solar eclipse, completely blocked out the sun at 6:39 local time. we might just see it before we go. >> wow. it's amazing. >> there we go. we've got it. >> and on that lunar shot, kelly and i will say goodbye. "squawk box" is up next. >> we'll see you back here tomorrow. >>> the looming fiscal cliff. some of the nation's best-known ceos are headed to the white house today to meet the with the president. >>> on the economic agenda, key reads on the consumer and inflation and that happens before the bell. in corporate news, cisco's first quarter results beat the street, but ceo john chambers cautions of flat earnings
especially the thing about the ip spending environment, it's a tough spending environment. security is one of the few sub sectors that's holding up well and that's kind of a glimmer of hope in a tough macro. >> i presume they'd have to pony up, though. daniel, good to see you. thank you for joining us. >> looking for silver lining amid the cyber security storm clouds. >> one story to leave you with, in queensland in australia, earlier this morning they got a full solar...
SFGTV2: San Francisco Government Television
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Nov 17, 2012
11/12
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the taliban controlled the region and this is the environment that the marines came into in 2009 and subsequently it has stabilized significantly since then. so the primary mission of marines in southwest afghanistan is security. but our secondary mission is to assist our interagency partners in kick starting institutions that contribute to a stable nation state. as an educator i joined the team to oversee the portfolio of education and was given the opportunity to implement the country's education strategic plan over the southwest provinces. additionally i was given the national action plan for women and control of two female engagement teams which were marines trained to interact with the population of women because of the pashi culture, the males were not allowed to interact with the women. in order obviously to ensure communities stay strong you have to not only address the men, but you absolutely need to address the women. so we created the female engagement team. with our interagency partners, the u.s. department of state, danish and british governments and of course the afghan
the taliban controlled the region and this is the environment that the marines came into in 2009 and subsequently it has stabilized significantly since then. so the primary mission of marines in southwest afghanistan is security. but our secondary mission is to assist our interagency partners in kick starting institutions that contribute to a stable nation state. as an educator i joined the team to oversee the portfolio of education and was given the opportunity to implement the country's...
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Nov 19, 2012
11/12
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on the back of -- you know, just positive improvement in environment for the financials overall. steve saying that -- of the financials bank of america has the most eps leverage to bounce back in this environment. bank of america biggest percentage gain other the dow. leading financials higher. >> josh brown, buyer here? >> no. i actually on a technicality base list tell you that $10, can clear there with conviction, meaning high volume, and then retest and stay above. that's a really -- safe entry point to buy for a short term trade. under ten, i still there are there are too many sellers and your way. i would wait for that confirmation and think it is worth it. >> are you positive on any of the banks? you are negative on the overall market a little bit. >> we like -- we like and we are long. berkshire hathaway which is the largest holdser of wells fargo and very heavily leveraged to the at the same time thing most of the banks are. home building and mortgages. we would prefer to play through the b shares of berkshire than owning any of these banks outright. especially something
on the back of -- you know, just positive improvement in environment for the financials overall. steve saying that -- of the financials bank of america has the most eps leverage to bounce back in this environment. bank of america biggest percentage gain other the dow. leading financials higher. >> josh brown, buyer here? >> no. i actually on a technicality base list tell you that $10, can clear there with conviction, meaning high volume, and then retest and stay above. that's a...
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Nov 14, 2012
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those also take a toll on the environment but about 50% do get recycled. that's compared to about 5% of plastic bags. but manufacturers say banning the bags is unfair. >> the amount of litter nationally that plastic bags produce is less than half of 1%. >> reporter: marine scientis is with the advocacy group heal the bay and says in los angeles plastic bags make up closer to 25%. >> litter on the streets gets washed through the storm sewer system, through our waterway systems. and plastic bags are part of that trash. >> reporter: she says since the floating plastic can resemble jellyfish animals like sea otters confuse it for food. the future of plastic bags can depend on what happens in los angeles. l.a. is studying the impact of banning its own bag and could be the largest city in the country to ban plastic bags. >> coming up after your local news on cbs "this morning" new developments in the scandal involving general david petraeus and john allen. we'll get reaction from former chairman of the joint chief of staff richard myers who knows both men. congr
those also take a toll on the environment but about 50% do get recycled. that's compared to about 5% of plastic bags. but manufacturers say banning the bags is unfair. >> the amount of litter nationally that plastic bags produce is less than half of 1%. >> reporter: marine scientis is with the advocacy group heal the bay and says in los angeles plastic bags make up closer to 25%. >> litter on the streets gets washed through the storm sewer system, through our waterway systems....
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Nov 19, 2012
11/12
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there are so many other ways to have a bigger impact on the environment and water quality, and this is just simply designed to create a bigger bureaucracy. they will have to hire government employees to take these complaints, and then of course go investigate, and ultimately levy sanctions against citizens here in san diego. stuart: how do you think the rest of us elsewhere in america, outside the formerly golden state, how do you think we should look at you guys, you californians? what do you think we ought to think about? >> well, i think it is pretty embarrassing which is why i think when these absurd ideas are proposed, we need to have san alternative. -- we need to have an alternative. we have to have common sense solutions. i think that's what californians want. stuart: no you don't. what was the point spread for president obama in california? what was the point spread in favor of higher taxes? >> i think if this idea in particular were put up for a public vote, it would resoundingly be rejected. i think that's why we need to be vigilant. we have to continue to shine a light on b
there are so many other ways to have a bigger impact on the environment and water quality, and this is just simply designed to create a bigger bureaucracy. they will have to hire government employees to take these complaints, and then of course go investigate, and ultimately levy sanctions against citizens here in san diego. stuart: how do you think the rest of us elsewhere in america, outside the formerly golden state, how do you think we should look at you guys, you californians? what do you...
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Nov 13, 2012
11/12
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the virgin group about what it is like to run and grow multiple billion dollars businesses in this environment. he is the fourth richest man in the u.k., but who cares about that, he is one of the gutsiest businessman ever to have lived. he started one tiny business in a basement when he was 16 years old. look at him now, cheryl. an amazing story. cheryl casone is in new york. she will be guiding you through the last hour of trading. how are things looking? cheryl: things a r looking a bit better -- things are looking a bit better. we have a very mixed picture for markets at this hour as we move into the close. the dow and s&p are actually both higher. the dow up about 17 points, up more than 80 points though at session highs today. it's been a volatile day for traders. the dow falling more than 66 points at its session lows. the dow is up by 17 points. very volatile, very rocky day for stocks. one of the things that helped the dow out earlier on to hit the session highs, shares of home depot, by far the biggest winner on the dow today. the company hitting a new high after a strong earnings re
the virgin group about what it is like to run and grow multiple billion dollars businesses in this environment. he is the fourth richest man in the u.k., but who cares about that, he is one of the gutsiest businessman ever to have lived. he started one tiny business in a basement when he was 16 years old. look at him now, cheryl. an amazing story. cheryl casone is in new york. she will be guiding you through the last hour of trading. how are things looking? cheryl: things a r looking a bit...
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Nov 17, 2012
11/12
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his report reads sexual harassment and a hostile work environment was common place. >> you call this a big problem. shouldn't it be a big priority? >> sure. it should always be a big priority. when you find these things. >> reporter: do you believe the information in this report embarrasses the national guard? >> all day long. >> yes. >> it substantiates our claims. >> reporter: our investigation included interviews with nearly two dozen members of the california guard all frustraterd with the current state of the culture. >> i have a mandate from the governor to change the culture of the organization. >> that was major general david baldwin at his formal confirmation hearing earlier this year pledging to fix deeply rooted problems dating back several years. >> in a letter major baldwin vowed to fix the problems. did he keep his promise? >> no. >> reporter: through his spokesperson we are told major general baldwin has a great story to testimony but he declined to answer our questions on camera to answer kwerns of the members of his guard wondering why risky flights under the golden
his report reads sexual harassment and a hostile work environment was common place. >> you call this a big problem. shouldn't it be a big priority? >> sure. it should always be a big priority. when you find these things. >> reporter: do you believe the information in this report embarrasses the national guard? >> all day long. >> yes. >> it substantiates our claims. >> reporter: our investigation included interviews with nearly two dozen members of the...
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forefathers but then foreign companies brought their intel still methods in which are damaging the environment my son might end up asking me why we did nothing to prevent this that's what worries me. most of the foreign companies here are chinese and canadian they have actually been mining gold for several years every now and then almost bumps into temporary townships for miners as he continues on his journey every machines grind tons of sand on the river banks foreign business methods irritate local people. some fifteen years ago i don't remember exactly but foreign firms came here mostly chinese and indian. there are also many russian prospects in companies to. the chinese bring their own workers with them. sometimes the locals just wouldn't let the chinese workers do their jobs. those were troubled times but neither side resorted to fighting fortunately. it was never been years and it all petered out eventual. we're not in canada or america here we're in asia you know. when elmer's was on his way to widespread unrest flared up in the carriages capital disturbances began following a rally in
forefathers but then foreign companies brought their intel still methods in which are damaging the environment my son might end up asking me why we did nothing to prevent this that's what worries me. most of the foreign companies here are chinese and canadian they have actually been mining gold for several years every now and then almost bumps into temporary townships for miners as he continues on his journey every machines grind tons of sand on the river banks foreign business methods irritate...
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Nov 13, 2012
11/12
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and this kind ever environment is good for gold much as india we expect the same scenario very possibly to be unfolding shortly in the united states and in europe where the quantitative easing policies aren't really working to stimulate the economy or they're doing really creating inflation. probably what the countries have to do in order to avoid a debt default because most countries have lost control of the debt situation. so the only way to avoid the default in our view would probably be to print to devalue the debt but this real terms, that means inflation. so inflation is very much the main focus of gold for us and that's yes with think it will go a lot higher from here. >> martin, what then is your price target for gold by the end of, say, 2013? >> firstly we don't sell short price targets. we've seen this 2008 that sometimes also what many people should actually see or recognize earlier possibly as a safe haven, sometimes they can also take a hit if you have shorter term deleveraging. so let's say if spain or italy was to default early next year, then you you might see first reac
and this kind ever environment is good for gold much as india we expect the same scenario very possibly to be unfolding shortly in the united states and in europe where the quantitative easing policies aren't really working to stimulate the economy or they're doing really creating inflation. probably what the countries have to do in order to avoid a debt default because most countries have lost control of the debt situation. so the only way to avoid the default in our view would probably be to...
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Nov 19, 2012
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there's a little bit of a risk on type environment at the moment. and the ten year bund yield moving a little higher. the same goes for spain, built oig and yield, as well. we were looking at the euro just bouncing a little bit against the dollar. you're heading into this morning's session, we're holding on to those gains, 127 and a bit. the dollar yen coming off by just a tad. president obama meeting with myanmar's president and opposition leader. obama saying his six hour stopover should be seen as a sign of support for myanmar's attempts at democratic reforms rather than endorsement of the country's government. meanwhile his three day trip is also aimed at reinforcing america's ties with the region. analysts say it's something china is watching very closely. deidre has more. >> the obama's administration to choose southeast asia as the president's first foreign trip since winning re-election was greeted by some with surprise. after all, there are far bigger economies in asia that warrant his attention. the strategic importance of southeast asia i
there's a little bit of a risk on type environment at the moment. and the ten year bund yield moving a little higher. the same goes for spain, built oig and yield, as well. we were looking at the euro just bouncing a little bit against the dollar. you're heading into this morning's session, we're holding on to those gains, 127 and a bit. the dollar yen coming off by just a tad. president obama meeting with myanmar's president and opposition leader. obama saying his six hour stopover should be...